I received all the information re my new Macquarie visa card yesterday.
I noted , as previous posters have said that the annual fee has increased and there's a reduced point earn if you spend over 2500 dollars per month.
This will be a loss for me as I usually spend more than that amount per month.
The upsides seem to be
Qantas point bonus points when you scan the EDR number on the back of the card ( more than $30 spend at Woolies)
+
additional points for Qantas purchases.
The extras certainly won't get me back to where I would have been under the original card.
To be fair, one upside is the complimentary travel insurance coverage- the $500 excess is a little high but the list of pre existing conditions is pretty inclusive and much better than all chronic illnesses being totally excluded in some other card insurances ( eg Amex Ultimate )
All in all , probably not enough reasons staying with the MacQuarie Bank Woolies Visa.
Still , I got the supervisor to refund my first years annual fee so I do have some time to look around for an alternative.